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AUSTIN-Relief may come in October to bring reverse annuity mortgages to the Lone Star state. The city-based Financial Freedom Senior funding Corp. says the lending, approved last year by state voters, will become reality when the FHA receives a new fiscal appropriation.
MIAMI-The Boca Raton-based buyer pays $26.87 per sf for the 284,000-sf Universal Plaza shopping center at the southwest corner of Commercial Boulevard and University Drive in Lauderhill, FL, about 15 miles north of Downtown Miami.
HOUSTON-Panattoni Development Co. is constructing a 242,000-sf industrial project Beltway 8 and West Little York in northwest Houston. The structure carries a late 2000 completion date.